Cresswell Industries, a Peikko manufacturing partner, will invest over CAD 20 million in a custom-built factory in Montreal, Canada, to produce Peikko's DELTABEAM slim floor structures. Production is expected to start in early 2024.
Lafarge Africa Plc has opened a state-of-the-art cement bag manufacturing plant at its Ewekoro Cement Plant in Ogun State, Nigeria. The plant has an installed capacity of 8.8 million bags and is a joint venture with MDV Sacks Ltd.
Rogers Corporation announced plans to build a new factory in China to manufacture curamik AMB and DBC substrates for EV and renewable energy applications. The first phase is slated for completion in 2025.
Tesla held a groundbreaking ceremony for its lithium refinery near Corpus Christi, Texas on May 8, 2023. The $1 billion+ facility will produce battery-grade lithium hydroxide, creating 165 full-time jobs and 250 construction jobs, with completion expected by 2025.
Taxan México began construction of a $40 million factory in San Luis Potosí, Mexico. The plant will double monthly production to 1 million articles and create 1,000 new jobs. Operations are expected to begin in March 2024.
Vishay Intertechnology held a groundbreaking ceremony for a new 300 mm wafer fab in Itzehoe, Germany, to produce automotive MOSFETs. The first phase investment is $400 million, and production is expected to start by the end of 2025.
Eti Alüminyum has started construction of a new hot and cold rolling mill in Seydişehir, Konya, with an investment of 3 billion Turkish lira. The facility will begin production in 2025 with an initial capacity of 100,000 tonnes per year, expandable to 200-250,000 tonnes, and create 285 jobs.
The first phase of the Jinyu Jidong Panshi New Building Material Industrial Park in Panshi City, Jilin Province, China, was officially put into operation. The total investment for the entire park is 3 billion yuan.
TekniPlex Consumer Products plans a 200,000 sq ft specialty molded fiber manufacturing facility in Ohio, scheduled to start operations in early 2024. It is the company's eighth molded fiber facility and follows three recent acquisitions.
Danfoss signed an agreement with the Haiyan county government in Zhejiang to begin building its second campus there. The local government funds the facility, which Danfoss leases and equips itself.
Clivet has established a European hub at SuperLab Bicocca in Milan for export sales and R&D. The company also plans to build a new 30,000 m2 factory in Feltre dedicated to heat pump production, hiring 300 employees in 2024.
SEW's subsidiary, Sew Industrial Reducer (Foshan) Co., Ltd., won a land bid for a 240-acre site in Shunde to build its largest manufacturing base in South China. The project has a total rolling investment of over 10 billion yuan and is planned to start production in 2026.
ESMO Corporation (Korea) has started construction of its first ESMO VINA automobile cable factory in Gia Phu Industrial Complex, Ninh Binh, Vietnam. The factory has a total area of 63,500 m2 and total investment capital of 700 billion VND, expected to create jobs for 2,000 employees.
Dexcom plans to build its first European manufacturing site in Athenry, Galway, Ireland. The facility represents a €300 million investment over five years and could create up to 1,000 jobs.
Goertek Vina broke ground on a new factory on 62.7 hectares in Nam Son – Hap Linh Industrial Park, Bac Ninh, Vietnam on May 4, 2023. The factory is expected to start operations in Q2 2024.
SIPAR announced the opening of a new production site in Israel to serve international markets, complementing its existing plant in Pian Camuno, Italy. The facility will enhance production capacity for rolling shutters, aluminum profiles, and related products.
Company FORTEKS & Ko will build a new production facility for nonwoven materials for furniture in Podolsk, Moscow region. Total investment is 800 million rubles, with 400 million from a FRP loan.
Texas Instruments announced it will build a second 300mm wafer factory in Lehi, Utah, adjacent to its existing LFAB factory, with an investment of approximately $3-4 billion.
Kawaguchi Machinery will open a new factory in the Central Taiwan Science Park in Erlin, Changhua County, in March 2023. The factory will feature a 7,300 square meter assembly area and a 4,750 square meter clean room assembly area.
Daewoong Pharmaceutical plans to invest 100 billion won ($74.6 million) to build a third botulinum toxin production facility in Hwaseong, Gyeonggi Province, South Korea. Construction is expected to start in H1 2023 and be completed by 2024, adding capacity for up to 18 million vials per year.
Marquardt began construction of a second plant in Tunisia at Neopark El Fejja, Mornaguia, with an investment of over 200 million Tunisian dinars. The plant will produce automotive HMI components and create 1,500 jobs, with production expected to start in 2024.
Park Ohio inaugurated its Plant 4 in Acuña, Coahuila, with an investment of $41.5 million, creating 1,095 new jobs. The plant manufactures rubber and plastic auto parts.
Food and drinks packaging supplier Max Fame Paper Products agreed a new 10-year lease on a 21,500 sq ft logistics building at Carrington Gateway in Greater Manchester. The site will serve as a centrally located base to nearshore services for UK clients.
Forza Steel is investing $60 million to build a 650,000-square-foot manufacturing facility at the Port of Brownsville, Texas, to produce steel pipes and tubes for automotive, construction, and oil and gas industries. The facility will create 150 direct jobs and 450 indirect jobs.
USG plans to break ground on the Avery Quarry in Alabaster Township, Michigan later in 2023, with an expected life span of 25 years and production of around 500,000 tons per year of gypsum.
Polynt Group announced the opening of Polynt Coatings Canada Limited in Port Moody, BC during the second half of 2023, adding capacity for conventional alkyds, oil modified urethanes, and water-based technologies.
Flex P Films Egypt, a subsidiary of Indian packaging company UFLEX, laid the cornerstone for a polyethylene terephthalate factory in Sokhna, Egypt. The $110 million plant will have a capacity of 30,000 tonnes per month and create over 700 jobs, with phase one starting operations in H1 2024 and phase two by mid-2025.
Knauf Aquapanel has commissioned a new 7Mm²/yr cement board plant in Puente Alto, Santiago, Chile, with an investment of US$17 million. The facility will supply the local market and export to several Latin American countries.
A new multi-purpose production building will be built in the Ukrus site of the Titanium Valley SEZ in Yekaterinburg for the Ural Civil Aviation Plant (UZGA), with a starting price of 1.16 billion rubles. The building will be used for serial production of LMS-901 Baikal and TVRS-44 Ladoga aircraft, with completion expected in 2024.
Infineon Technologies has broken ground on a new semiconductor plant in Dresden, Germany, with an investment of €5 billion. The plant is expected to serve customer demands in the second half of the decade.
Cascades began production at its converted Bear Island, Virginia mill, which has annual capacity of 465,000 short tons of 100% recycled containerboard and 180 permanent jobs.
Cosentino Group will establish a multiphase manufacturing facility in West Jacksonville, Florida, its first in the US. The first phase involves a $270 million investment and 180 jobs, with completion by end of 2028.
Duroplast India Pvt. Ltd. launched a new uPVC profile extrusion facility in Howrah, West Bengal, with an investment of INR 40 crore. The plant has 6 extrusion lines with capacity to produce 8,000 tonnes of profiles annually.
RIDC and Re:Build Manufacturing announced plans for Re:Build to locate a new facility at the New Kensington Advanced Manufacturing Park in Pennsylvania. The project will create 300 jobs and involve $31 million in renovations.
Rand-Whitney held a ribbon-cutting for its new 384,000 square foot corrugated packaging facility in Boylston, Massachusetts, costing $120 million. The plant has a BHS corrugator and can produce 300 million boxes annually.
Smith & Nephew received approval for a £94 million advanced wound management manufacturing and R&D facility at Melton West business park in East Yorkshire. The facility will consolidate operations from nine buildings into one site.
Yinlun, a Chinese manufacturer of chillers and radiators, invested US$80 million to set up a new plant in Salinas Victoria, Nuevo León, Mexico, creating over 1,000 jobs. The plant was inaugurated by Governor Samuel Garcia.
Greene Tweed announced plans for a new manufacturing facility in Cheongju-si, South Korea, to produce elastomer seals for the semiconductor industry. The facility is expected to start production in early 2024.
Iberfoil is developing the Iberfoil Integra project, a new production plant on a 45,000 square metre site adjacent to its existing factory in Sabiñánigo, Spain. The plant will have five aluminium recycling furnaces and two continuous casting lines, producing 30,000 tons of green aluminium coils per year. Test production is scheduled to start in September 2023.
Ibiden announced that its new semiconductor package substrate plant under construction in Ōno, Gifu Prefecture, has been certified under Japan's economic security law, qualifying for up to 40.5 billion yen in government subsidies. The plant is expected to start supply in Q3 FY2025 and will increase production capacity by 12%.
The European Commission approved French state aid for STMicroelectronics and GlobalFoundries to build and jointly operate a front-end semiconductor production facility in Crolles, France, with total investment of €7.4 billion. The plant is expected to produce 620,000 wafers per year by 2027.
The Khovd Eco Cement factory, a dry-process cement plant with a capacity of 250,000 tons per year, has been officially put into operation in western Mongolia, creating 350 jobs.
Progroup held the topping out ceremony for its new corrugated sheetfeeder plant at Petersberg/Höheischweiler, Germany, with production scheduled to start in the first half of 2024. The company is investing more than EUR 90 million, and the plant will supply board sheets directly to neighbour G&G Preißer.
Heidelberg Materials North America began production at its new $600 million cement plant in Mitchell, Indiana, which will produce 2.4 million tons of cement annually and create up to 50 new full-time jobs.
Soudal is building a new hypermodern, fully automated production facility called Plant 5 in Turnhout, Belgium. The 20,000 m² plant on a 5-hectare site will produce adhesives, sealants, and PU foams, and is designed to achieve a BREEAM Outstanding sustainability rating.
Turkish Aerospace Industries (TUSAŞ) plans to build an aircraft parts production facility in the Türkoğlu district of Kahramanmaraş, Turkey, with a budget of approximately TRY 1 billion. The facility will initially employ 100-200 people, growing to up to 500.
WEG announced a R$ 900 million investment to build a new factory in northern Santa Catarina, producing large equipment such as synchronous compensators, turbogenerators and high-speed induction motors. The plant will create 800 direct jobs.
Randon Implementos laid the cornerstone for a private railway spur connecting its Araraquara unit to the existing regional line, as part of the same event.
Marelli Talbros Chassis Systems (MTCS), a joint venture between Talbros Automotive and Marelli Suspension Systems, plans a capex of ₹80 crore to set up a new factory in Gujarat.
Stellar completed a $200 million Italian meats and charcuterie production facility for Swift Prepared Foods, a subsidiary of JBS U.S.A., in Columbia, Missouri. The facility employs over 100 people and produces dry-cured meats.